Tencent Music Entertainment (TCMEF) Common Equity (2016 - 2026)
Tencent Music Entertainment recorded quarterly Common Equity of $11.2 billion in Q1 2026, down 4.5% quarter-over-quarter from $11.7 billion in Q4 2025, and up 7.9% year-over-year from $10.4 billion in Q1 2025.
Tencent Music Entertainment's Common Equity history runs 11 years deep, the most recent figure standing at $11.2 billion for Q1 2026.
- In Q1 2026, Common Equity rose 7.9% year-over-year to $11.2 billion; the TTM figure through Mar 2026 stood at $11.2 billion (up 7.9% YoY), while the FY2025 annual figure was $11.9 billion, up 24.33% from the prior year.
- Common Equity came in at $11.2 billion for Q1 2026 at Tencent Music Entertainment, down from $11.7 billion in the prior quarter.
- In the past five years, Common Equity ranged from a high of $12.1 billion in Q2 2025 to a low of $6.8 billion in Q3 2022.
- A 5-year average of $9.0 billion and a median of $8.2 billion in 2023 frame the typical range for Common Equity.
- Across the five-year window, Common Equity declined 13.57% in 2022 and soared 39.36% in 2025, its largest moves.
- Tencent Music Entertainment's Common Equity stood at $6.9 billion in 2022, then gained by 15.02% to $7.9 billion in 2023, then grew by 22.18% to $9.7 billion in 2024, then advanced by 20.63% to $11.7 billion in 2025, then fell by 4.5% to $11.2 billion in 2026.
- According to Business Quant data, Common Equity over the past three periods registered $11.2 billion, $11.7 billion, and $12.0 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,554.43 Bn | 4,338.81 Bn | 102.29 Bn | 478.75 Bn |
| 2 | Meta Platforms | 1,602.78 Bn | 1,521.60 Bn | 46.09 Bn | 243.68 Bn |
| 3 | Spotify Technology | 119.86 Bn | 109.62 Bn | 1.75 Bn | - |
| 4 | 33.71 Bn | 30.94 Bn | 511.94 Mn | 3.18 Bn | |
| 5 | Nebius | 22.38 Bn | 22.38 Bn | 295.20 Mn | 7.24 Bn |
| 6 | 12.76 Bn | 11.46 Bn | 768.96 Mn | 2.85 Bn | |
| 7 | Kanzhun | 12.59 Bn | 10.49 Bn | 255.62 Bn | 2.98 Bn |
| 8 | Snap | 9.64 Bn | 6.81 Bn | 1.29 Bn | 2.08 Bn |
| 9 | Match | 8.43 Bn | 7.41 Bn | 653.28 Mn | -218.12 Mn |
| 10 | Tencent Music Entertainment | - | - | 514.00 Mn | 11.18 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.18 Bn |
| Dec 31, 2025 | 11.71 Bn |
| Sep 30, 2025 | 12.00 Bn |
| Jun 30, 2025 | 12.06 Bn |
| Mar 31, 2025 | 10.36 Bn |
| Dec 31, 2024 | 9.71 Bn |
| Jun 30, 2024 | 8.65 Bn |
| Mar 31, 2024 | 8.41 Bn |
| Dec 31, 2023 | 7.94 Bn |
| Sep 30, 2023 | 7.56 Bn |
| Jun 30, 2023 | 7.55 Bn |
| Mar 31, 2023 | 7.58 Bn |
| Dec 31, 2022 | 6.91 Bn |
| Sep 30, 2022 | 6.79 Bn |
| Jun 30, 2022 | 7.21 Bn |
| Mar 31, 2022 | 7.76 Bn |
| Dec 31, 2021 | 7.99 Bn |
| Sep 30, 2021 | 7.86 Bn |
| Jun 30, 2021 | 8.11 Bn |
| Mar 31, 2021 | 8.05 Bn |
| Dec 31, 2020 | 7.96 Bn |
| Jun 30, 2020 | 6.98 Bn |
| Mar 31, 2020 | 6.21 Bn |
| Dec 31, 2019 | 6.20 Bn |
| Sep 30, 2019 | 5.83 Bn |
| Jun 30, 2019 | 5.98 Bn |
| Mar 31, 2019 | 5.86 Bn |
| Dec 31, 2018 | 5.46 Bn |
| Dec 31, 2017 | 3.95 Bn |
| Dec 31, 2016 | 3.02 Bn |